Singapore high-end homes back in vogue with foreigners

DTZ analysis shows that units costing over $5m make up 19 per cent of their April purchases, up from 6 per cent in Q1. -BT

First batch of smart HDB homes to launch this week

Both projects will make available 1,402 units across 12 blocks, with 546 units of two-room, 112 units of three-room, 519 units of four-room and 225 units of five-room flats. -AsiaOne

Bishopsgate GCB sold for record price of S$2,190 per square foot

Its S$2,190 psf on land area tops the S$2,110 psf in Leedon Park in 2012. Separately, Ridout site is said to have been sold for over S$90m. -BT

From kaya toast to rolling in dough

Kopi boy snubs safety of civil engineering job and makes it big with branding venture. -ST

Asian countries told to build up rice stocks soon

Asian countries need to build up rice stocks as global supply may shrink due to growing demand from major buyers like China and India. -Jakarta Post/ANN

It will either be tears of joy or anguish for 20,000 MAS employees

No GLC in Malaysia has ever sacked nearly everyone and this could well be the most number of people ever sacked in one day in Malaysia. -The Star/ANN

Volkswagen still bugged by consumer complaints

It drew the most grouses for new cars sold, according to data from Case. -ST

IE Singapore gives pointers on tapping an integrated ASEAN market

Local firms should focus on economies such as Thailand and Indonesia. -BT

Sodexo opens regional hub in Singapore

New office in Fusionopolis will support operations in 15 countries employing some 60,000. -BT

Toshiba pullout not likely to hit retailers here

Toshiba products make up only 10 per cent of his business, so the move to stop sales would not hurt much. -ST

Keep it simple, sweet

Kiss 92FM DJ Maddy Barber learns that natural is the way to go when decorating her marital home. -BT

Developers face hefty extension charges over unsold units

They may incur up to S$90m from April to December this year and S$238m in 2016 if the market stays quiet: C&W. -BT

S$593 million in GST from imported goods

Data was known earlier because GST payments were made before imported goods were released by the Customs Department. -The Star/ANN

Global banks admit guilt in forex probe, fined nearly $8 billion

Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly US$6 billion in another settlement in a global probe into the $5 trillion-a-day market. -Reuters

Do your research before buying these 4 things

Having money is no excuse for not using your brain, so here are 4 things that you should stop and do some research on before you hand over your heard-earned buckaroos. -MoneySmart